Definition

Noun: The illegal act of deliberately avoiding paying the full amount of taxes owed to the government, typically by concealing or misrepresenting income, inflating deductions, or hiding money in undisclosed accounts.

Usage

This term is used in legal, financial, and journalistic contexts to describe a serious financial crime. It refers to an intentional, unlawful act, distinguishing it from "tax avoidance," which is the legal use of rules to reduce tax liability. * The corporation is under investigation for tax evasion. * He was convicted of tax evasion for failing to report his overseas income. * The authorities are cracking down on tax evasion schemes.

Advanced Usage

• "to be guilty of tax evasion": To have committed the crime of tax evasion.
  • The celebrity was found guilty of tax evasion.
• "a scheme for tax evasion" / "a tax evasion scheme": A planned method or system designed to illegally evade taxes.
  • The accountant set up an elaborate tax evasion scheme for his clients.

Variants and Related Words

• Tax evader (noun): A person or entity that commits tax evasion.
  • The new law targets wealthy tax evaders.
• Evade (taxes) (verb): The action of illegally avoiding tax payment.
  • He was accused of attempting to evade his taxes.

Synonyms

• Tax fraud: A broader term for illegal deception related to taxes, which includes evasion.
• Tax dodging (informal): A less formal term for tax evasion.

Antonyms

• Tax compliance: The act of adhering to tax laws and paying taxes correctly and on time.

Noun

1. the deliberate failure to pay taxes (usually by making a false report)